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San Francisco, Panama

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San Francisco

The Cost Of Living In San Francisco, Panama City, Panama

Panama uses the U.S. dollar.

Apartment Or House Ownership Budget (For A Couple)

 
Expense Monthly Costs Notes
Mortgage Not included here as too variable.
HOA Fees Variable and paid on a per-square-meter basis. Budget US$1.50 per square meter for a mid-range property and US$3 per square meter for a luxury property. Amount depends on amenities, number of people living in the building, and the level of quality of the unit.
Property Taxes Not included here as too variable.
Transportation US$175 Fuel and maintenance for a private vehicle plus the occasional cab or public transportation.
Gas US$5 A tank of cooking gas generally lasts longer than one month.
Electricity US$200 Using air conditioning. This will vary greatly depending on use.
Water US$10 Most new condos include the water bill in the maintenance fee.
Cell Phone US$40 Basic Tigo plans for two people.
Internet US$65 For a Tigo plan with high-speed internet (750 Mbps) and 220 TV channels.
Cable TV Bundled with internet.
Household Help US$280 For a five-hour day twice a week. Comes out to US$35 per day.
Entertainment US$653 Eating out twice a week at a mid-range, local restaurant: US$100.
Local drinks twice a week at a nearby watering hole: US$60.
Movie theatre trip twice a month: US$13 (US$3.25 per ticket for seniors).
Groceries US$500 Shopping at local supermarkets and PriceSmart.
Gym Membership US$62 Two all-inclusive plans at Smart Fit gym per month.
Medical Appointment US$25 A general consult at a private clinic.
TOTAL US$2,015 Doesn’t include property taxes, mortgage, or HOA fees.

Apartment Or House Rental Budget (For A Couple)

 
Expense Monthly Costs Notes
Rent US$1,500 Cost of a two-bedroom furnished apartment in a central location.
Transportation US$175 Fuel and maintenance for a private vehicle plus the occasional cab or public transportation.
Gas US$5 A tank of cooking gas generally lasts longer than one month.
Electricity US$200 Using air conditioning. This will vary greatly depending on use.
Water US$10 Most new condos include the water bill in the maintenance fee.
Cell Phone US$40 Basic Tigo plans for two people.
Internet US$65 For a Tigo plan with high-speed internet (750 Mbps) and 220 TV channels.
Cable TV Bundled with internet.
Household Help US$280 For a five-hour day twice a week. Comes out to US$35 per day.
Entertainment US$653 Eating out twice a week at a mid-range, local restaurant: US$100.
Local drinks twice a week at a nearby watering hole: US$60.
Movie theatre trip twice a month: US$13 (US$3.25 per ticket for seniors).
Groceries US$500 Shopping at local supermarkets and PriceSmart.
Gym Membership US$62 Two all-inclusive plans at Smart Fit gym per month.
Medical Appointment US$25 A general consult at a private clinic.
TOTAL US$3,515

Penny-Pincher’s Budget (Bare Minimum Costs, For A Couple)

 
Expense Monthly Costs Notes
Rent US$900 Basic two-bedroom unfurnished apartment.
Transportation US$100 Walking/cycling wherever possible and using public transportation and cabs.
Gas US$5 A tank of cooking gas generally lasts longer than one month.
Electricity US$120 Using air conditioning at night and fans during the day.
Water US$10 Most new condos include the water bill in the maintenance fee.
Cell Phone US$40 Basic Tigo plans for two people.
Internet US$53 For a Tigo plan with high-speed internet (300 Mbps) and 220 TV channels.
Cable TV Bundled with internet.
Entertainment US$327 Eating out once a week at a mid-range, local restaurant: US$50.
Local drinks once a week at a nearby watering hole: US$30.
Movie theatre trip once a month: US$6.50 (US$3.25 per ticket for seniors).
Groceries US$350 Shopping at local supermarkets, farmer’s markets, and buying all local-brand products.
TOTAL US$1,905

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